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Accommodation & Food Services

Highly Rated Restaurant In St. Augustine’s Historic District

Saint Johns County, FL, USA
Listed 37 days ago
Established 2021

An incredible opportunity to acquire a well-established and highly regarded restaurant in the heart of St. Augustine's historic district. With strong year-round tourism and loyal local support, this business enjoys a prime location and consistent performance. The restaurant has been thoughtfully upgraded by the current owner, enhancing both the aesthetic and operational flow of the space. A solid management team is in place, allowing for a relatively hands-off ownership experience. The seller currently works approximately 35 hours per week, focusing primarily on oversight and high-level decision-making. This is an excellent turn-key opportunity for a buyer seeking a thriving restaurant with a strong reputation, experienced staff, and room for continued growth.

Employees

4

Lease Terms

Lease Expiration Date October 31, 2026, 12:00:00 AM Terms Options Yes, 5 year

Real Estate

Lease

Trading Hours

Tues-Sun 10AM-11PM

Leasehold Rent

$15,793 per annum

Management Type

This business is owner operated.

Support & Training

Weeks: 2 Cost: $0

Inventory / Stock Value

$25,000 - included in the asking price

Reason for Selling

Other Business Interest

Financials

Asking Price
$399K
RevenueMost Recent Year
$1.2M
Earnings (SDE)Last Reported
$169K
Assets ValueIncluded in Asking Price
$85K
Seller Financing
Not available

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